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Competition, finance reform and the ever-changing demands of the marketplace have put increased pressure on hospital boards to contemplate an important question: What kind of CEO will be most successful in navigating these turbulent times?
The headline on this month’s cover story can be taken in a couple of ways, but there’s one important way you as a board member should not take it. As the article makes clear, experience matters when it comes to running a hospital. A thorough understanding of health…
Snapshot
With hospitals moving beyond their four walls to establish ambulatory care facilities, take on financial risk and prepare for the move to value-based payments, they’ll need an entrepreneurial spirit that’s open to change.
David Bernd, CEO, Sentara Healthcare, Norfolk, Va., has led Sentara Healthcare for more than 20 years during which time the system achieved significant volume growth and won national quality awards. Bernd announced he would be retiring in March. What makes a trustee good at his or her job?
As hospitals and health systems evolve to meet changing reimbursement and delivery system demands, so too must the organization’s leadership. The shift toward value-based care and population health management places new demands on the organization, requiring new competencies and skill sets in…
Snapshot A positive relationship between the board and CEO is a prerequisite for hospital and health system success. Frequent, candid communication, alignment in goals, productive meetings and continuous learning strengthen this important partnership.
The board is responsible for setting the hospital or health system’s mission and vision, and for engaging leaders and staff in working toward that vision. After the board, no individual has more influence over the organization than the CEO; however, the board defines the leadership…
Rick Pollack will become the American Hospital Association’s 11th president and CEO in September, the association’s board of trustees announced at the AHA Annual Membership Meeting. A 32-year veteran of the AHA, he has served as executive vice president for advocacy and…
Hospitals continued to see a high rate of CEO turnover in 2014, with 4,501 hospitals reporting a rate of 18 percent, according to a report recently released by the American College of Healthcare Executives. Although lower than the 20 percent CEO turnover rate reported in 2013, last year’s…
Community hospital chief executive officers ranked financial challenges first on a list of their top 10 concerns in 2014, according to an annual survey by the American College of Healthcare Executives. Financial challenges also claimed first place in 2013 and 2012. Concerns about health reform…